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Fiscal Risks and Sustainability

HM Treasury is addressing long-term fiscal sustainability and hidden financial risks in public finances, particularly around pension liabilities, climate change impacts, and rising health spending pressures. The Fiscal Risks and Sustainability Report (published by the Office for Budget Responsibility) identifies emerging threats to fiscal stability, with Treasury responses outlining mitigation strategies and improved financial disclosure through the Whole of Government Accounts.


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17 Jul 2025 | Research HM Treasury linked

Whole of Government Accounts 2023-24

The Whole of Government Accounts consolidates accounts from over 10,000 public bodies, providing an overview of the UK’s public finances. Report type: financial_audit | Departments: ['Cross-government', 'HM Treasury'] | Topics: ['Money and tax']

26 Nov 2024 | Research HM Treasury linked

Whole of Government Accounts 2022-23

The Whole of Government Accounts consolidates accounts from over 10,000 public bodies, providing an overview of the UK’s public finances. Report type: financial_audit | Departments: ['Cross-government', 'HM Treasury'] | Topics: ['Money and tax']

5 Jul 2023 | Research HM Treasury linked

Managing government borrowing

The environment for government borrowing has become more challenging in recent years – requiring sustained focus from government. Report type: value_for_money | Departments: ['HM Treasury'] | Topics: ['Commercial and financial management', 'Corporate finance', 'Financial sustainability']